September 20, 1999
In each of the last five years the City has raised our property taxes. Property tax collections in 1994 were $1,229,000.00. In 1998, they were $1,587,200.00. With the City maintaining a constant tax rate per $1,000.00 of real estate assessment, the tax increase has been courtesy of the King County Assessor's office, rising property values, and new development.
In addition, sales tax collections have risen sharply. In 1994, they were $2,291,000.00. By 1998, they were $3,670,200.00. Overall, the City has seen a 49% increase in collected sales and property taxes during the last five years to a total of $5,257,400.00 for 1998.
Is it time to curtail spending and implement a property tax rate reduction? For example, if we reduce the property tax rate by 20%, our combined tax revenue would still be over $5,000,000.00.
Citizens of Woodinville, take a moment to express your opinions to our City Council. It is within our grasp to control our tax growth by influencing our elected officials. Our council members receive a lot of phone calls pertaining to the city's recreation, historical preservation, environmental topics, etc. Take a few minutes to encourage them to reduce taxes and save us some of that old green stuff.
James L. Clayton, Woodinville